Monday, January 29, 2007

Scotiabank May Buy First BanCorp, UBS Analyst Says

Bloomberg, Sean B. Pasternak, 29 January 2007Bank of Nova Scotia, Canada's third-largest bank, offered to buy First BanCorp of Puerto Rico, UBS Canada analyst Jason Bilodeau said, citing an article in the Caribbean Business weekly newspaper.First BanCorp has 138 branches through its FirstBank subsidiary, including 11 in Florida, Bilodeau said today in a research note to investors. An acquisition

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